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marriage as well as for a precautionary savings motive. …
Persistent link: https://www.econbiz.de/10011409730
recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …
Persistent link: https://www.econbiz.de/10003323030
risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance …
Persistent link: https://www.econbiz.de/10011399734
marriage as well as for a precautionary attitude towards risk. - Consumption Insurance ; Marriage …
Persistent link: https://www.econbiz.de/10001768444
marriage as well as for a precautionary savings motive …
Persistent link: https://www.econbiz.de/10013320543
risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be … multiple equilibria differing not only in divorce rates but also in the role of marriage in providing informal insurance …
Persistent link: https://www.econbiz.de/10013320806
The present paper aims to quantify the growth and welfare consequences of changing family structures in western societies. For this reason we develop a dynamic general equilibrium model with both genders which takes into account changes of the marital status as a stochastic process. Individuals...
Persistent link: https://www.econbiz.de/10014203488
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10003913974
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10003926735
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10013153016